Billionaire Michael Saylor’s Strategy Adds $835.6M in Bitcoin at $102K Average
During the week of November 10–16, 2025, Michael Saylor's strategy acquired 8,178 BTC for $835.6 million at an average price of $102,171 per Bitcoin, including fees. This aggressive weekly accumulation is among the larger purchases in 2025 and comes despite Bitcoin trading above $100,000.
As of November 16, 2025, total holdings reached 649,870 BTC with an aggregate cost basis of $48.37 billion, resulting in an average cost per BTC of $74,433. The BTC yield stood at 27.8% year-to-date 2025.
The recent purchase was funded by sales in MicroStrategy's treasury stock programs, including 39,957 Preferred Stock Reclassification Shares (STRF), 1.31 million Common Stock Reclassification Shares (STRC), and 5,513 Common Stock Restricted Shares (STRK), generating net proceeds of $136.1 million. Importantly, no new MicroStrategy common shares (MSTR) were issued during this period.
Saylor's strategy regards Bitcoin as a superior long-term reserve asset relative to cash and traditional financial instruments. The plan is to continue opportunistic purchases utilizing excess cash, debt issuance, and equity offerings. The strategy maintains tens of billions of dollars of remaining capacity across equity issuance programs, indicating further accumulation through the end of the year and reinforcing MicroStrategy's position as a structural buyer regardless of near-term volatility.
